Prime Minister Narendra Modi Advocates Bold Economic Reforms for a Developed India by 2047
Prime Minister Narendra Modi emphasized his government's commitment to comprehensive reforms aimed at economic growth, international investment, and socio-political development. Highlighting achievements and future goals, Modi underscored the importance of reforms in banking, manufacturing, and governance while envisioning India as a developed nation by 2047.
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- Country:
- India
Prime Minister Narendra Modi underscored his government's enduring commitment to reforms, emphasizing that they emerge from deep conviction rather than compulsion, aimed at boosting economic growth and attracting global investment in India.
Delivering a compelling address on the 78th Independence Day from the Red Fort, Modi highlighted banking sector reforms, skill development initiatives, and manufacturing growth that transformed India from a mobile phone importer to an exporting nation. He assured the continuation of the reform process to achieve the aspiration of a developed India by 2047.
Modi stressed the government's dedication to major reforms across sectors such as governance and renewable energy. He called this period a 'Golden Era' for growth and employment, facilitated by progress in infrastructure, space sector startups, and cutting-edge technologies like semiconductors and AI. This commitment, he said, would position India as a global hub for green technology and investments.
(With inputs from agencies.)